Morocco: Market for Industrial Tall Oil Fatty Acids 2025

Market Size for Industrial Tall Oil Fatty Acids in Morocco

In 2021, after two years of decline, there was significant growth in the Moroccan tall oil fatty acids market, when its value increased by 71% to $X. Over the period under review, consumption, however, saw a drastic downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Industrial Tall Oil Fatty Acids in Morocco

In value terms, tall oil fatty acids production reduced rapidly to $X in 2021 estimated in export price. Overall, production recorded a dramatic shrinkage. Tall oil fatty acids production peaked at $X in 2020, and then declined significantly in the following year.

Exports of Industrial Tall Oil Fatty Acids

Exports from Morocco

In 2021, the amount of industrial tall oil fatty acids exported from Morocco dropped significantly to X tons, with a decrease of -97.2% on the year before. Overall, exports faced a sharp setback. The exports peaked at X tons in 2020, and then plummeted in the following year.

In value terms, tall oil fatty acids exports reduced rapidly to $X in 2021. In general, exports showed a significant decrease. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted sharply in the following year.

Exports by Country

Senegal (X tons) was the main destination for tall oil fatty acids exports from Morocco, with a approx. 100% share of total exports.

From 2020 to 2021, the average annual rate of growth in terms of volume to Senegal was relatively modest.

In value terms, Senegal ($X) emerged as the key foreign market for industrial tall oil fatty acids exports from Morocco.

From 2020 to 2021, the average annual rate of growth in terms of value to Senegal was relatively modest.

Export Prices by Country

In 2021, the average tall oil fatty acids export price amounted to $X per ton, surging by 195% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2020 to 2021, the rate of growth in terms of prices for Portugal amounted to 0.0% per year.

Imports of Industrial Tall Oil Fatty Acids

Imports into Morocco

In 2021, imports of industrial tall oil fatty acids into Morocco reduced notably to X tons, shrinking by -77.1% against 2020 figures. Overall, imports showed a sharp decline. The pace of growth was the most pronounced in 2014 when imports increased by 166% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, tall oil fatty acids imports fell sharply to $X in 2021. In general, imports faced a sharp decline. The growth pace was the most rapid in 2014 with an increase of 119% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), the United States (X tons) and Finland (X tons) were the main suppliers of tall oil fatty acids imports to Morocco, with a combined 68% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +40.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of industrial tall oil fatty acids to Morocco, comprising 45% of total imports. The second position in the ranking was held by Finland ($X), with a 16% share of total imports. It was followed by Sweden, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Belgium amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-19.0% per year) and Sweden (-26.7% per year).

Import Prices by Country

The average tall oil fatty acids import price stood at $X per ton in 2021, reducing by -6.4% against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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